Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$147,316$147,316$589,500
Remaining term (yrs)13.313.330.0
Secondary amount$0$442,184$0
Funding fee$737$737$0
Note rate6.140%6.140%7.400%
Blended rate6.140%7.348%7.640%
1st payment$1,345.27$1,345.27$4,081.58
2nd payment$0.00$2,855.77$0.00
Taxes / mo$592.00$592.00$592.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.90
HOA / mo$200.00$200.00$200.00
Total monthly$2,303.94$5,159.71$5,158.15
Cash to close$507,684$65,500$65,500